To receive assistance through the Innovation Hub you must submit an assistance request form. In order to apply, it is important to consider how the law might apply to your innovation and appoint the correct person from your business to input into your application. The 5 step application process is explained below.
ASIC will consider all requests for informal assistance through the Innovation Hub and aims to help as many businesses as possible. Whether we are able to offer your business assistance will depend upon the extent to which you are able to meet our eligibility criteria.
Before you request assistance, please review ASIC's published guidance and think about how the law might apply to your innovation. This will help us help you more effectively.
To request our assistance please complete the following form:
Your answers to the questions in this form will help us to understand your business, and the type of help you need. It is a tool to help start our discussion - it is intended to be quick for you to complete, and not to be a barrier to seeking help.
To complete your application you will need to seek input from someone within your business with responsibility for the significant day-to-day decisions about the financial services you offer.
Submit any questions and your completed form (with any relevant attachments you wish to include) to us at email@example.com.
Submit your Innovation Hub assistance request form
We assess your request against the eligibility criteria and will provide a response in about one week
Your next step
Once you have considered any assistance or guidance from ASIC, you will need to work out how you will comply with any laws that apply to you. Your next step may include:
If you choose to make a formal application
ASIC's licensing team assigns a dedicated analyst to your application.
Typically, the process to request assistance through the Innovation Hub takes up to four weeks, but varies depending on the complexity and quality of your application.
Your assigned Innovation Hub analyst will then assist you by providing informal advice as you prepare your licensing application and streamline the process as much as possible. They will provide support for 12 months once you have been licensed to help you understand your obligations.
- Download the Innovation Hub assistance request form
- Address the eligibility criteria
- Read our information on licensing and regulation
- Appoint a suitable contact within your organisation
- Direct any questions to the Innovation Hub team
- Submit your assistance request form